Real Estate
A Goldman Sachs Cowboy Lists Horse Ranch With Near-50% Price Cut
The 4,675-acre equestrian estate is in the Santa Ynez Valley, close to Santa Barbara
Fredric Steck had been at Goldman Sachs for almost 20 years when he decided to become a gentleman cowboy.
Although he was working in New York at the time as the head of sales for the firm’s U.S. fixed income division, most of his family lived in California and he returned whenever he could. “New York, with all due respect, was not my favorite place,” he says. “It’s an energetic place with a lot of incredible things going on, but it’s not an easy place to be.”